First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Short Interest Update

First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) was the target of a significant decline in short interest during the month of February. As of February 15th, there was short interest totalling 209,200 shares, a decline of 16.9% from the January 31st total of 251,600 shares. Based on an average daily trading volume, of 1,755,200 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On First Trust SMID Cap Rising Dividend Archievers ETF

A number of institutional investors have recently made changes to their positions in the company. LPL Financial LLC lifted its position in First Trust SMID Cap Rising Dividend Archievers ETF by 22.0% in the 4th quarter. LPL Financial LLC now owns 21,935,886 shares of the company’s stock valued at $786,401,000 after acquiring an additional 3,948,772 shares in the last quarter. Wells Fargo & Company MN raised its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 20.6% in the fourth quarter. Wells Fargo & Company MN now owns 12,732,120 shares of the company’s stock worth $456,447,000 after purchasing an additional 2,172,523 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter valued at $381,301,000. Bank of America Corp DE boosted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 23.0% during the fourth quarter. Bank of America Corp DE now owns 7,099,053 shares of the company’s stock valued at $254,501,000 after buying an additional 1,327,323 shares during the last quarter. Finally, Royal Bank of Canada boosted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 28.5% during the fourth quarter. Royal Bank of Canada now owns 5,599,081 shares of the company’s stock valued at $200,728,000 after buying an additional 1,241,896 shares during the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Up 1.0 %

Shares of NASDAQ SDVY traded up $0.33 during trading on Wednesday, reaching $34.09. The company had a trading volume of 2,822,188 shares, compared to its average volume of 1,781,542. First Trust SMID Cap Rising Dividend Archievers ETF has a 12-month low of $32.22 and a 12-month high of $40.60. The business’s 50-day moving average is $36.54 and its 200 day moving average is $36.72. The stock has a market cap of $7.60 billion, a PE ratio of 12.91 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a $0.1821 dividend. The ex-dividend date of this dividend was Friday, December 13th.

First Trust SMID Cap Rising Dividend Archievers ETF Company Profile

The First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an equal-weighted index of small- and mid-cap US companies with historically increasing dividends and that meet various fundamental criteria. SDVY was launched on Nov 1, 2017 and is managed by First Trust.